Zeekr to Join Rivals NIO, Li Auto on NYSE with $5.12 Billion IPO, Eyes Historic Break-Even

Zeekr eyes a historic IPO on the NYSE with a robust $5.12 billion valuation, setting sights on unprecedented profitability targets.

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Geely Automobile to invest up to $320 million in ADS as Zeekr gears up for a game-changing NYSE listing.

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With its NYSE debut, Zeekr plans to deploy $308.6 million in cutting-edge electric vehicle technologies and infrastructure.

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Zeekr's electric vehicles demonstrate formidable growth, boasting a gross margin that trails only Tesla's in the industry.

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As Zeekr advances towards profitability, its 2023 operations generated a positive cash flow of 2.28 billion yuan.

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From a 2024 sales target of 230,000 vehicles, Zeekr's strategy includes new product launches and expansion into untapped markets.

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Backed by Geely, Zeekr leverages shared manufacturing and R&D resources, driving down costs and accelerating innovation.

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Zeekr's financial maneuvering positions it uniquely among peers, eyeing break-even in record time post-IPO.

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